OPENING OF BANKRUPTCY

CUISINES SOLENN

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Financial year 2022 · closed on 31/12/2022

Net result

16,3 k €

-14.5% YoY

Gross margin

311,9 k €

+15.9% YoY

Equity

168,7 k €

+10.7% YoY

Workforce

5,3 ETP

-1.9% YoY

Company — Opening of bankruptcy.

What does CUISINES SOLENN do?

CUISINES SOLENN is a Public limited company incorporated in 1999. Its main activity is: Manufacture of furniture. Its registered office is in Seneffe. It employs on average 5,3 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0466.144.782

Incorporation

01/06/1999

Legal form

Public limited company

Registered office

Rue des Combattants 2
7180 Seneffe · WallonieSee on map

Contributed capital

285 000,00 €

Latest accounts

31/12/2022

Average workforce

5,3 ETP

Activities (NACE)

31002Manufacture of furniture· main 31020Manufacture of kitchen furniture 52441Warehousing and support activities for transportation 47551Retail sale of other household equipment in specialised stores 47591Retail sale of furniture, lighting equipment and other household articles in specialised stores

Joint committees (4)

Contacts

4 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	311,9 k €	+15.9%	269,1 k €	+28.2%	209,9 k €	+2.8%	204,1 k €	+21.7%	167,7 k €	-28.8%	235,4 k €	-15.0%	277 k €	+26.2%	219,4 k €	-34.1%	332,8 k €	+47.7%	225,4 k €	-22.7%	291,4 k €	-12.2%	331,9 k €	-14.5%	388 k €	+3.1%	376,5 k €	-6.5%	402,9 k €
EBITDA	83,7 k €	+15.8%	72,2 k €	+75.4%	41,2 k €	+19.6%	34,4 k €	-27.7%	47,6 k €	-8.6%	52,1 k €	-45.0%	94,8 k €	+396%	19,1 k €	-39.7%	31,7 k €	+143%	-74 k €	-201%	-24,5 k €	-277%	13,9 k €	-74.1%	53,6 k €	-41.6%	91,8 k €	-0.6%	92,4 k €
Operating result	61,7 k €	+29.2%	47,8 k €	+110%	22,8 k €	+169%	8,5 k €	-64.6%	23,9 k €	-12.9%	27,5 k €	-16.8%	33 k €	+415%	6,4 k €	-64.9%	18,3 k €	+116%	-117,5 k €	-44.6%	-81,2 k €	-55.3%	-52,3 k €	-743%	-6,2 k €	-7.4%	-5,8 k €	+2.2%	-5,9 k €
Net result	16,3 k €	-14.5%	19 k €	+656%	2,5 k €	+176%	-3,3 k €	+42.3%	-5,7 k €	-67.0%	-3,4 k €	-90.8%	-1,8 k €	+88.5%	-15,7 k €	-370%	-3,3 k €	+97.7%	-145,7 k €	-21.3%	-120,1 k €	-50.9%	-79,6 k €	-125%	-35,4 k €	-18.5%	-29,8 k €	-391%	-6,1 k €
Balance sheet
Equity	168,7 k €	+10.7%	152,4 k €	+14.3%	133,3 k €	+1.9%	130,8 k €	-5.9%	139 k €	-4.0%	144,7 k €	-2.3%	148,1 k €	-7.3%	159,9 k €	-8.9%	175,6 k €	-1.9%	178,9 k €	+602%	-35,7 k €	-142%	84,4 k €	-48.5%	164 k €	-17.7%	199,4 k €	-13.0%	229,2 k €
Total assets	705,3 k €	+20.1%	587,3 k €	+7.5%	546,3 k €	-6.9%	586,8 k €	+15.9%	506,4 k €	+13.8%	444,8 k €	+8.7%	409,4 k €	-18.0%	499,3 k €	-20.7%	630 k €	+14.2%	551,8 k €	-14.3%	643,7 k €	-4.6%	674,5 k €	+1.3%	666,2 k €	-9.6%	736,6 k €	-12.6%	842,9 k €
Cash	145,1 €	-88.9%	1,3 k €	+27382%	4,8 €	-99.9%	4 k €	-66.9%	12 k €	+36361%	33 €	+371%	7 €	-98.7%	530 €		–		31 €	-83.9%	193 €		–		463 €	-43.8%	824 €	+68.9%	488 €
Debts	536,6 k €	+23.4%	434,9 k €	+5.3%	413 k €	-9.4%	456 k €	+24.3%	366,9 k €	+22.2%	300,1 k €	+14.9%	261,2 k €	-23.0%	339,5 k €	-25.0%	452,7 k €	+22.1%	370,9 k €	-45.2%	677,3 k €	+14.8%	590,1 k €	+17.5%	502,1 k €	-6.3%	535,7 k €	-12.7%	613,6 k €
Other
Workforce	5,3 ETP	-1.9%	5,4 ETP	+8.0%	5,0 ETP	+8.7%	4,6 ETP	+15.0%	4,0 ETP	-33.3%	6,0 ETP	-1.6%	6,1 ETP	-6.2%	6,5 ETP	-20.7%	8,2 ETP	-1.2%	8,3 ETP	-17.0%	10,0 ETP	-11.5%	11,3 ETP	-4.2%	11,8 ETP	+1.7%	11,6 ETP	-6.5%	12,4 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 4 active · 29 ended

Active mandates

EMMANUEL GHIERCHE

Director · since 30 mai 2023 · until 30 mai 2029

Active

ISABELLE LEJONC

Director · since 30 mai 2023 · until 30 mai 2029

Active

JACQUES GHIERCHE

Director · since 30 mai 2023 · until 30 mai 2029

Active

SOPHIE GHIERCHE

Managing director · since 30 mai 2023 · until 30 mai 2029

Active

Ended mandates

ISABELLE LEJONC

Director · since 31 mai 2017 · until 30 mai 2023

Ended

JACQUES GHIERCHE

Director · since 31 mai 2017 · until 30 mai 2023

Ended

SOPHIE GHIERCHE

Director · since 31 mai 2017 · until 30 mai 2023

Ended

EMMANUEL GHIERCHE

Director · since 30 mai 2017 · until 30 mai 2023

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/09/2023	28/09/2022	28/10/2021	10/09/2020	25/09/2019	21/09/2018
General meeting	30/05/2023	30/05/2022	31/05/2021	30/05/2020	31/05/2019	30/05/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2022	30/05/2023	28/09/2023	French	PDF
Abridged model	31/12/2021	30/05/2022	28/09/2022	French	PDF
Abridged model	31/12/2020	31/05/2021	28/10/2021	French	PDF
Abridged model	31/12/2019	30/05/2020	10/09/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	25/09/2019	French	PDF
Abridged model	31/12/2017	30/05/2018	21/09/2018	French	PDF
Abridged model	31/12/2016	30/05/2017	31/07/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	23/09/2014	French	PDF
Abridged model	31/12/2012	30/05/2013	22/07/2013	French	PDF
Abridged model	31/12/2011	30/05/2012	27/09/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	19/10/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	09/07/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	18/06/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	16/07/2008	French	PDF
Abridged model	31/12/2006	30/05/2007	25/06/2007	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 4 active · 29 ended

Active mandates

EMMANUEL GHIERCHE

Director · since 30 mai 2023 · until 30 mai 2029

Active

ISABELLE LEJONC

Director · since 30 mai 2023 · until 30 mai 2029

Active

JACQUES GHIERCHE

Director · since 30 mai 2023 · until 30 mai 2029

Active

SOPHIE GHIERCHE

Managing director · since 30 mai 2023 · until 30 mai 2029

Active

Ended mandates

ISABELLE LEJONC

Director · since 31 mai 2017 · until 30 mai 2023

Ended

JACQUES GHIERCHE

Director · since 31 mai 2017 · until 30 mai 2023

Ended

SOPHIE GHIERCHE

Director · since 31 mai 2017 · until 30 mai 2023

Ended

EMMANUEL GHIERCHE

Director · since 30 mai 2017 · until 30 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares07/01/2014
CAPITAL, ACTIONS
PDF
Mandates28/02/2011
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/10/2007
DIVERS - CAPITAL, ACTIONS
PDF
Mandates23/10/2006
DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office30/06/2005
SIEGE SOCIAL
PDF
Mandates22/03/2004
DEMISSIONS, NOMINATIONS - DENOMINATION - CAPITAL, ACTIONS - SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2022
Annual accounts 202216,3 k €↓
2021
Annual accounts 202119 k €↑
2020
Annual accounts 20202,5 k €↑
2019
Annual accounts 2019-3,3 k €↑
2018
Annual accounts 2018-5,7 k €↓
2017
Annual accounts 2017-3,4 k €↓
2016
Annual accounts 2016-1,8 k €↑
2015
Annual accounts 2015-15,7 k €↓
2014
Annual accounts 2014-3,3 k €↑
2013
Annual accounts 2013-145,7 k €↓
2012
Annual accounts 2012-120,1 k €↓
2011
Annual accounts 2011-79,6 k €↓
2010
Annual accounts 2010-35,4 k €↓
2009
Annual accounts 2009-29,8 k €↓
2008
Annual accounts 2008-6,1 k €
01/06/1999
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CUISINES SOLENN

Overview

What does CUISINES SOLENN do?

Trend over 15 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline